State We're In: Residential real estate still falling

| Print |  Email
Articles - July 2011
Wednesday, June 22, 2011

By Research Editor Brandon Sawyer

Residential real estate is still looking to hit bottom: 2010 sales volumes in Portland metro and the Upper Willamette Valley were about half of those in 2005 and sales were down 61% in Central Oregon. In the first quarter of 2011, volumes slipped 6% in the Valley and 0.4% in Central Oregon while in Portland new listings fell 30%, closed sales fell 1.5%, and the median sale price dropped 9.5% to $215,000, below the median for new homes nationwide.

0711_IndicatorsGraph_01

0711_IndicatorsGraph_02

0711_IndicatorsGraph_03

 

Comments   

 
Nick
0 #1 MartyNick 2012-03-04 12:00:56
Real estate is coming back!
Quote | Report to administrator
 

More Articles

Ski traffic

Linda Baker
Tuesday, January 20, 2015
0121-skiway-thumbBY LINDA BAKER | OB EDITOR

A place-based multimodal transportation plan for Mt. Hood is long overdue.


Read more...

100 Best: The Power of the Worker

March 2015
Wednesday, February 25, 2015
BY KIM MOORE | OB RESEARCH EDITOR
AND AMY MILSHTEIN | OB CONTRIBUTOR

Technology is empowering people like never before and transforming how employees interact in the workplace. How can companies attract and keep staff engaged in this rapidly changing world?


Read more...

Cache and Curry

March 2015
Monday, February 23, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Power Lunch at Swagat in Hillsboro.


Read more...

10 quotes explaining crisis at Port of Portland

The Latest
Friday, February 20, 2015
022015 port portland OBM-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

The ongoing labor disputes at the Port of Portland came to a head two weeks ago when Hanjin, the container port's largest client, notified its customers it would be ending its direct route to Oregon.


Read more...

The week journalism died

Linda Baker
Sunday, February 15, 2015
deadjournalismthumbBY LINDA BAKER | OB EDITOR

As the investigation against the governor moves forward, those of us in the news business should reflect on our own potential for subverting the democratic process.


Read more...

6 chiefs of staff dish on their bosses

The Latest
Thursday, February 05, 2015
legilistiblog-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

We ask chiefs of staff for the scoop on Oregon legislators.


Read more...

Light Moves

February 2015
Monday, January 26, 2015
BY JACOB PALMER

Fittingly, Light at Play — a business whose sole purpose is to create mesmerizing ambience — was conceived at Burning Man.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS